Template:ISDA English Law Credit Support Annex 2016 Interest Period

“Interest Period” means the period from (and including) the last day on which:

(i) a party became obliged to transfer an Interest Payment (VM) or

(ii) an Interest Amount (VM) was added to the Credit Support Balance (VM)

(or, if no Interest Payment (VM) or Interest Amount (VM) has yet fallen due or been added to the Credit Support Balance (VM), respectively, the day on which Eligible Credit Support (VM) or Equivalent Credit Support (VM) in the form of cash was transferred to or received by the Transferee)

to (but excluding) the day on which:

(i) a party is obliged to transfer the current Interest Payment (VM) or

(ii) the current Interest Amount (VM) is added to the Credit Support Balance (VM).